Fashion
Li Ka-shing’s luxury mall sits empty as Chinese spending plunges
By Bloomberg Published Sep 3, 2024 In Hong Kong’s Tsim Sha Tsui district, the mock-classical 1881 Heritage mall used to lure queues of mainland
Walmart takes on Amazon by adding pre-owned watches, collectibles to…
By Bloomberg Published Aug 27, 2024 Walmart Inc. is bringing pre-owned watches and collectible trading cards to its online marketplace as the reta
Japan’s Shiseido becomes latest luxury brand hit by China slump,…
By Reuters Published Aug 8, 2024 Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear ear
Big luxury frets that China is turning Japanese
By Bloomberg Published Jul 29, 2024 Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chi
Bernard Arnault has lost more wealth than any billionaire in…
By Bloomberg Published Jul 25, 2024 French tycoon Bernard Arnault’s net worth has plunged this year by more than anyone else’s on the Bloomber
LVMH shows the luxury sector is in pain
By Bloomberg Published Jul 24, 2024 We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet
Tiffany’s staff exits test LVMH’s turnaround playbook
By Bloomberg Published Jul 22, 2024 LVMH’s $16 billion purchase of Tiffany & Co. transformed the luxury goods powerhouse into one of the b
Richemont: Luxury group in sights of LVMH’S Arnault?
By AFP Published Jul 17, 2024 The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeove
Richemont has “resilient” Q1, Alaïa stays strong but YNAP sales…
Luxury giant Richemont’s Q1 results on Tuesday showed the fashion-to-fine jewellery brand owner with “resilient” sales in the three months to 30 June.
LVMH has already won gold at the Paris Olympics
By Bloomberg Published Jul 12, 2024 Whichever sporting heroes bring home the medals at the Paris Olympics later this month, there will only be on
Rolex, Patek watch prices fall even further behind equities
By Bloomberg Published Jul 12, 2024 Prices for the most sought-after luxury watches slipped on the secondary market again last month, extending a
$1bn investment aims to transform Hong Kong’s Landmark Central into…
With Hong Kong bouncing back from the shopping downturn of recent years, investment in the tourist and business destination is ramping up and Hongkong Land h
